427 Woodys RdNewcombNY12852
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Newcomb at 427 Woodys Rd, Newcomb, NY, 12852 priced at $199,999 converts $1,549/mo rent into $213/mo cash flow after a $979/mo obligation. Total monthly income equals $1,549/mo, and annual cash flow totals $2,560/yr on $66,300 invested. Return on cash invested prints 23.77% in year one, and rental yield reads 9.29% against a $199,999 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 124.23% and total cumulative return in cash sums $82,364. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,549/mo property income covering a $979/mo payment, not borrower’s personal income.
Lot
Built in N/A
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12852, Newcomb, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 679 (100%) |
| Owner Occupied HU | 166 (24.4%) |
| Renter Occupied HU | 23 ( 3.4%) |
| Vacant Housing Units | 490 (72.2%) |
| Median Home Value | $305,882 |
| Average Home Value | $334,443 |
Housing Distribution
Address Breakdown
Residential
140
Single Family
140
Multi-Family
0
Businesses
19
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Listed by: Michelle Blair • Merrill L. Thomas - Gillis Team
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202903
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.